What reliance does Aw place on the representations made by the franchisee in their application?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
- 20.3 You affirm that all information you have given to us in any and all applications, financial statements and other submissions is true, complete and accurate in all respects, with you
expressly acknowledging that we are relying upon the truthfulness, completeness and accuracy of such information.
Source: Item 22 — CONTRACTS (FDD pages 39–40)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, Aw relies on the information provided by the franchisee in their application. Specifically, Aw requires the franchisee to affirm that all information provided in applications, financial statements, and other submissions is true, complete, and accurate.
Aw expressly acknowledges that it is relying upon the truthfulness, completeness, and accuracy of the information provided by the franchisee. This means that Aw uses the information provided by potential franchisees to make decisions about awarding franchises.
This reliance underscores the importance of providing honest and accurate information during the application process. Any misrepresentation or omission could potentially lead to legal issues or termination of the franchise agreement. Franchisees should ensure that all details submitted to Aw are truthful and verifiable.